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HONG KONG - MARCH 12: Paintings by Roh Kwang represented by gallery Violet (South Korea) are displayed in a bathroom as part of the Asia Contemporary Art exhibition that takes place in the bedrooms of Conrad hotel on March 12, 2015 in Hong Kong, Hong Kong

Oct 07, 2016 AM EDT - YuGee

Ministry Creates New Law to Increase Transparency in the Art Market

The Ministry of Culture, Sports, and Tourism declared a new law which will toughen the requirements for auction houses, art galleries, and individual art dealers on Thursday. The new law aims to increase transparency in the art market.

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